24min chapter

Forward Guidance cover image

A Deep Dive On China's Financial System | Aidan Garrib

Forward Guidance

CHAPTER

China's Ambitions for Renminbi Internationalization

In this chapter, they discuss China's ambitions to internationalize the renminbi and become a global reserve currency. They explore the advantages of printing their own currency, promoting RMB use in trade transactions, and making RMB bonds attractive to foreign investors. They also highlight China's role as a trading partner and efforts to build up its bond market.

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